GuidePoint Security Shows a 27% Spike in Public Ransomware Victims

May 4, 2023 – Published on MSSP Alert

GuidePoint Security has released its GuidePoint Research and Intelligence Team’s (GRIT) 2023 Ransomware Report, showing a 27% increase in public ransomware victims in the first quarter of the year.

The report is based on data obtained from publicly available resources, including threat groups themselves, and insight into the ransomware threat landscape. In the first quarter of 2023, GRIT tracked 849 total publicly posted ransomware victims claimed by 29 different threat groups.

Commenting on the report, Drew Schmitt, GRIT lead analyst, said:

“Based on what we’ve observed during Q1, we assess that more advanced ransomware threat actors will increasingly deploy novel coercive techniques, particularly as the fallout of existing instances generates media coverage and civil lawsuits against affected organizations. We can make this assessment based on the increased prevalence of these techniques in open-source reporting and internal research, as well as our technical and professional understanding of business risk as it pertains to ransomware events.”

Read More HERE.